I haven't done any flips yet, because I haven't found that "Diamond in the Rough" , plus a little nervous with the conditions of the market.

You'll definitely have to do more due diligence on your contractors and stay more on top of things if you don't have any construction background, but after a couple projects you'll start to learn that side of the business.Look at it this way, Warren Buffett owns businesses ranging from insurance to food to shoes to diamonds to paint supply to jets to furniture to railroads, etc...do you think he's an expert in all those things?

Just a reminder about tomorrow's free networking event, open to all! We will be discussing how to screen multi-family properties from your PC before you go to see them, and weeding out the time wasters.

Here...

The REIAs in Taunton and Rockland are good targets for you and the next event to look at is the Black Diamond meeting in Waltham tomorrow.

Sean Terry has a couple flip2freedom podcast episodes dedicated to multifamily investing (episodes 72 and 82 in particular) - the one with Bob Diamond was pure gold in my opinion.

Samson, I wish you made it to Black Diamond last night, it's EXACTLY what we were talking about.

Check out @Ann Bellamy Black Diamond evengt in Waltham once a month.

There could be a diamond in the rough in that pile.

Like traditional listings, there will always be that diamond in the rough.

Check out the Black Diamond events by @Ann Bellamy and her partners.